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the economy is booming. stocks and corporate profits are record highs. the great american corporations have never been better. don't own any stock? perhaps you have no stock, because you have already invested in bonds. no problem. that market is also at record highs. but perhaps you have no stock, no bonds. you are poor. well, here in america, prosperity trickles down from the all-knowing makers to deserving members of the underclass. you'll gradually learn to ignore that overwhelming sensation that prosperity is, in fact, being sucked up to the top. warning. if we get does not trickle down to you, clearly, you are undeserving and might be subject to self deportation. for those of you with gumption, you will have a job at a great american corporation like walmart or mcdonald's, and you will be well on your way. you'll learn the value of a hard day's work, which we regret to inform you, is not that valuable at all. we will pay you the lowest wage allowable under american law. we do so with will he rubbing tans, as a matter of fact. we would desperately li
the economy is booming. stocks and corporate profits are record highs. the great american corporations have never been better. don't own any stock? perhaps you have no stock, because you have already invested in bonds. no problem. that market is also at record highs. but perhaps you have no stock, no bonds. you are poor. well, here in america, prosperity trickles down from the all-knowing makers to deserving members of the underclass. you'll gradually learn to ignore that overwhelming sensation...
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castros in power because it's given the two of them a built in bookie man for all that's wrong with their economy. i'm a believe if we had had open trade with cuba long ago the castro brothers would have fell. we should give those kids down there a taste of xboxes and see how long the castro brothers can stay in power. >> full disclosure, you have some history with the castros, no? >> as a journalist, i once was in a meeting with fidel castro, an 8-hour meeting, not that i was turned in the course of this conversation, i long believed in freedom for cuban people and disagree with the whole success of democratic and republican administrations in terms of how you get there. the comments from senator rubio tell you what you need to know. every four years we have an election and candidates on the left and right, they go into the cuban-american community and thump their chests against castro and make pledges and promises and the embargo lives. who are we really helping with the embargo? we're not helping the cuban people and not the expatriots either. >> michael beschloss, i want to follow up one thin
castros in power because it's given the two of them a built in bookie man for all that's wrong with their economy. i'm a believe if we had had open trade with cuba long ago the castro brothers would have fell. we should give those kids down there a taste of xboxes and see how long the castro brothers can stay in power. >> full disclosure, you have some history with the castros, no? >> as a journalist, i once was in a meeting with fidel castro, an 8-hour meeting, not that i was...
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, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> global leaders honored nelson mandela today at a massive outdoor memorial in johannesburg, but it's a single handshake getting a lot of attention today. president obama led the u.s. delegation to that ceremony that included three former u.s. presidents. in his remarks delivered in the pouring rain, the president reminded the audience that mandela's greatness was not that he was a saint but rather a flawed human who never gave up his ideals of racial equality. >> there's a word in south afri africa, a word that captures mandela's greatest gift. his recognition that we are all bound together in ways that are invisible to the eye. >> far from being a somber affair, there were some light hearted moments like this. look
, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> global leaders honored nelson mandela today at a massive outdoor memorial in johannesburg, but it's a single...
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., who have seen no improvement while the economy has begun to grow again. they could surely make their own lives easier. lawrence lee, al jazeera, london. >> now, a long term study has concluded that a healthy lifestyle is the most effective way to prevent dementia. that comes ahead of a major summit on the condition in london on wednesday. scientists have been monitors more than 2,000 men, aged between 25 and 49. they found five factors that can help prevent dementia, taking regular exercise, eating a healthy diet, maintaining a low body weight, not smoking tobacco, and drinking alcohol in moderation. people following four of these five steps can cut their chance of developing men sha by 60%. earlier i spoke to professor elwood who led that study, and i asked him whether this was reaffirming what we already know we should be doing. >> yes, a healthy lifestyle is enormously protective. not just against dementia, but again diabeteses, 70% less diabeteses than those that follows five of the healthy behaviors. a 60% reduction in heart attacks and stroke. and a
., who have seen no improvement while the economy has begun to grow again. they could surely make their own lives easier. lawrence lee, al jazeera, london. >> now, a long term study has concluded that a healthy lifestyle is the most effective way to prevent dementia. that comes ahead of a major summit on the condition in london on wednesday. scientists have been monitors more than 2,000 men, aged between 25 and 49. they found five factors that can help prevent dementia, taking regular...
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remission is possible. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. you wouldn't know it from the look in the northeast today. gray clouds hanging over capitol hill, here in washington, federal offices in washington are closed. d.c. and baltimore under pd winter weather advisories which could mean 1 to 3 inches of snow before the end of the day. areas in pennsylvania will get a little bit more. philadelphia and wilmington, del care, under a winter storm warning. that means about a half a foot of snow. philadelphia's international airport is seeing flight delays. some delays topping four hours. for more on the weather we have our meteorologist chad meyers standing by at the cnn severe weather center. chris lawrence is over on the national mall
remission is possible. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. you wouldn't know it from the look in the northeast today. gray clouds hanging over...
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dollars are spent on farmers markets, that money stays in local economies. we're starting to get traction there. people understand when they understand health outcomes of people living on a poor diet, educational outcomes, i think they start to take notice. >> tom, i'm going to open up to my friends in new york. we talked about income inequality in the last block. here is an example of structural, systemic failures that throwed historic highs in terms of poverty. we are talking about cuts to food stamps. i wonder from your standpoint whether you think democrats and progressives have paid enough attention to this issue, which is hunger in america, and whether democrats have ceded too much ground to the right. at this moment being where we are on poverty, we're talking about cuts to food stamps instead of at the very least maintaining funding we have. >> this is an interesting question when we've just extolled the virtue of obama's ability to negotiate. what that represents and we talk about mandela. listen, we obviously made jokes all morning about the gridlo
dollars are spent on farmers markets, that money stays in local economies. we're starting to get traction there. people understand when they understand health outcomes of people living on a poor diet, educational outcomes, i think they start to take notice. >> tom, i'm going to open up to my friends in new york. we talked about income inequality in the last block. here is an example of structural, systemic failures that throwed historic highs in terms of poverty. we are talking about cuts...
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with them all the things you get in a free economy. i hope it happens. connell: we think about iran and other things. what about if you up relations with cuba, even shaking hands. if he were to go further as you suggest he might or should, that is a risky political move, isn't it? >> i see the point of those who criticized us, they say let's not shake hands with an evil regime, but my view has always been that when you demonize some of these second-rate dictatorships around the world, what you are doing, you are elevating them in the eyes of their own people. we are fighting the big bad united statess the better way to deal with these countries is to say we will talk to you, you are no threat to us to begin with three will talk about joining the globalq]eñ economy. you might as well join up with us. connell: is that just a little ahead of us ladies diplomate things work? >> maybe that is the way to do it, have somebody talk to the president of cuba and say we will not do a one-on-one. we don't fear you, we want to bring you into the f
with them all the things you get in a free economy. i hope it happens. connell: we think about iran and other things. what about if you up relations with cuba, even shaking hands. if he were to go further as you suggest he might or should, that is a risky political move, isn't it? >> i see the point of those who criticized us, they say let's not shake hands with an evil regime, but my view has always been that when you demonize some of these second-rate dictatorships around the world,...
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with the tunnel at lake at evening's end of this the buffet that is the content that santa had come economy club level but a second identical but it's an emotion love. you try getting more than just arrived they're getting an education thanks to an initiative of the hebrew university of jerusalem and israel railways train passengers are treated to a lecture but some of the universe is but i didn't have . he says. joe interested in what was coming in so little. we don't work just as fun since it didn't work. i saw the trade the series develops its leader but at the university set themselves up in one of the cottage at passengers are invited to join for free. i was dead. i guess i still celebrated in einstein's birthday honor his contribution to the country a member of the early zionist movement. i extend this one had its hebrew university and the creatures intellectual property to the institution. besides the senate race series is a unique way to reach out to the and allow them to experience firsthand the benefits of research and education. upon investigation published book that i give on de
with the tunnel at lake at evening's end of this the buffet that is the content that santa had come economy club level but a second identical but it's an emotion love. you try getting more than just arrived they're getting an education thanks to an initiative of the hebrew university of jerusalem and israel railways train passengers are treated to a lecture but some of the universe is but i didn't have . he says. joe interested in what was coming in so little. we don't work just as fun since it...
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make sure that people have as many incentives as possible to get a job and we also need to have an economy that grows jobs and we haven't had that in the last five years. >> well, richard, opponents will argue that these assistant programs increase dependencies and don't help the poor escape poverty. paul ryan put it this way, he said safety net programs threaten to become a hammock that lulls citizens into lives of complacency and dependency. so the bottom line is are they an expensive band-aid rather than a real solution? >> well, they are a real solution and i think john is right, we do need fiscal responsibility. it is fiscally irresponsible for us to cut many of these safety net programs which allow folks to pursue the american dream. think about that young single mother at home depending on section 8 housing so she can get a job and send her kids to school. and i think when lbj created these programs it was created with the idea this will help americans pull themselves up by their bootstraps. what republicans want and people like paul ryan want is you to pull yourself up by your boot
make sure that people have as many incentives as possible to get a job and we also need to have an economy that grows jobs and we haven't had that in the last five years. >> well, richard, opponents will argue that these assistant programs increase dependencies and don't help the poor escape poverty. paul ryan put it this way, he said safety net programs threaten to become a hammock that lulls citizens into lives of complacency and dependency. so the bottom line is are they an expensive...
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no, the economy is not better. you don't want to be long oil at00, i think you sell it with both hands here. stuart: that's interesting, gold goes down to a thousand bucks an ounce and oil retreats from 100 bucks a barrel. a rare forecast on scott shellady and we'll see if he's right. thank you, young man. . [bell ringing] and you can hear the bell ringing and when it stops they start to trade stocks, i say that every day. we're looking for maybe a 40, 50 point drop for the dow when everything gets moving. that should carry it below 6. now we're up 3 1/2 points, hold on a second we'll likely see a downside move, give it an um can of minutes. and we're in for winter weather, and what stocks can you play when the weather turns bad. how about home depot? your show shovel there, and amazon on-line shopping, market watcher, shah galani miami where the weather is not a concern. give me winter weather plays on the stock market, shah. >> as far as the three you've mentioned i'm not keen on all of them. all of them have a g
no, the economy is not better. you don't want to be long oil at00, i think you sell it with both hands here. stuart: that's interesting, gold goes down to a thousand bucks an ounce and oil retreats from 100 bucks a barrel. a rare forecast on scott shellady and we'll see if he's right. thank you, young man. . [bell ringing] and you can hear the bell ringing and when it stops they start to trade stocks, i say that every day. we're looking for maybe a 40, 50 point drop for the dow when everything...
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republicans were just constantly hammering how bad the economy was. then people sort of looked up on election day, it is not, it is a little better than terrible. so i think i'm growing to stick with the guy who is in charge already. if they look up and say, you know what? i thought i would lose my doctor and my plan and pharmaceuticals but turned out only lost my pharmaceuticals and plan got my doctor, it was a little better than projected to be. >> remember in 2012, the other variable was do i want to vote for mitt romney? you will have to have, in a situation like this where you have no candidate yet, and airwaves free to attack one person that can have little bit of an impact. you will be up against somebody. you have to leave on the side of road, 20, 40, years, whatever been, seems he was around forever, somebody has got to run against him. that's got to be a choice. and i'm not so sure you can do it just on basis of this. martha: almost 2014 now. a lot of this stuff will come home to roost over the course of this next year. if you had the outloo
republicans were just constantly hammering how bad the economy was. then people sort of looked up on election day, it is not, it is a little better than terrible. so i think i'm growing to stick with the guy who is in charge already. if they look up and say, you know what? i thought i would lose my doctor and my plan and pharmaceuticals but turned out only lost my pharmaceuticals and plan got my doctor, it was a little better than projected to be. >> remember in 2012, the other variable...
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so you can. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. prefer the taste of gevalia house blend over the taste of starbucks house blend? not that we like tooting our own horn but... ♪ toot toot. [ male announcer ] find gevalia in the coffee aisle or at gevalia.com >>>s this just in to cnn the senate has confirmed patricia mullet to the u.s. court of appeals for the d.c. circuit. you might be saying so? well, she's the first presidential nominee to be confirmed under new senate rules pushed through by democrats that make it harder for republicans to filibuster presidential appointmen appointments. so there you have it. patricia mullet now a judge. >>> finally this morning, for the friends of one kentucky man it was a prank with a message all in the hopes of stopping him from drinking and driving. jeanne moos has more for you. >> reporter: who deserves a prank in fools you into believing you're waking up. >> oh, my gosh. >> reporter: from a ten-year long coma. >> my son was 2 years old when you came in her
so you can. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. prefer the taste of gevalia house blend over the taste of starbucks house blend? not that we like tooting our own horn but... ♪ toot toot. [ male announcer ] find gevalia in the coffee aisle or at gevalia.com >>>s this just in to cnn the senate has confirmed patricia mullet to the u.s. court of appeals for the d.c. circuit. you might be saying so?...
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we finally gotten to the point where it's the economy. >> i know the fed feels like. >> the economy, not the taper. >> the fed feels like the progress it has gained in convincing the market about tapering, not tightening has been hard-earned, but they think they've earned it at this point. >> and the underlying economy looks better. >> i want to introduce our guest host right now because i want his comments on this. ken langone is here, the co-founder of home depot. ken? >> where is your factor of the consumer's confidence in all these numbers? >> i think -- >> because, frankly, frankly it's tepid at best. >> right. confidence is tepid but it's also tentative in the sense that it's something that can change quickly. what we see, ken, is growing household wealth. what we don't have is a propensity on the part of the consumer to spend that money and the confidence to spend it and/or to borrow. we still seem to be in a deleveraging thing. in a deleveraging phase right now. but if the consumers have the wealth, then you can have the confidence to spend it over t e time. the connection be
we finally gotten to the point where it's the economy. >> i know the fed feels like. >> the economy, not the taper. >> the fed feels like the progress it has gained in convincing the market about tapering, not tightening has been hard-earned, but they think they've earned it at this point. >> and the underlying economy looks better. >> i want to introduce our guest host right now because i want his comments on this. ken langone is here, the co-founder of home...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this is humira, adalimumab. this is humira working to help relieve my pain. this is humira helping me through the twists and turns. this is humira helping to protect my joints from further damage. doctors have been prescribing humira for over ten years. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. for many adults, humira is proven to help relieve pain and stop further joint damage. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infectio
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this...
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google accounts for a large part of the united states economy. how is the government likely to respond? >> this adds a whole new voice to the privacy debate. privacy advocates and members of congress have taken a principled stand. we now have the companies weighing in. congress does listen. the president is expecting a reviewfrom an appointed group just this week. it is very likely that early next year, we will see action on it. >> president obama said he is to get the nsa to impose self- -- is trying to restraint. but take a listen to that quote. >> i will be proposing some self-restraint on the nsa and to initiate some reform to give people more confidence. but i want everybody to be clear -- the people at the nsa generally are looking out for the safety of the american people and not interested in reading your e-mails and not interested in reading your text messages. >> president obama speaking on "hardball." michelle what kind of reforms do , you imagine the president is talking about? >> the way he phrases it as self-restraint will not be en
google accounts for a large part of the united states economy. how is the government likely to respond? >> this adds a whole new voice to the privacy debate. privacy advocates and members of congress have taken a principled stand. we now have the companies weighing in. congress does listen. the president is expecting a reviewfrom an appointed group just this week. it is very likely that early next year, we will see action on it. >> president obama said he is to get the nsa to impose...
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they only care with foreign policy as it connects to the economy. if anything, her time at state will benefit her. if you can picture her on the debate stage with chris christie, who doesn't have any foreign policy experience. if you look at it that way, i think it only benefits her. i think benghazi is not going to define her legacy long term. >> speaking of benghazi, there's something we need to compare, the two secretaries of state that preceded her, you find they had several ben gazdyes and it's worth noting there were 13 throughout bush's tenure. the other thing that's important, if you want something to not have a benghazi like debacle you have to fund embassy security. i would never describe hillary as cautious. she was the most traveled first lady in history. even surpassing nixon's wife and i think she is hardly cautious. >> i actually think she does take less of a risky approach and did during her term as secretary of state than john kerry. i think that more cautious approach does typify her approach in politics. if we want to look at this
they only care with foreign policy as it connects to the economy. if anything, her time at state will benefit her. if you can picture her on the debate stage with chris christie, who doesn't have any foreign policy experience. if you look at it that way, i think it only benefits her. i think benghazi is not going to define her legacy long term. >> speaking of benghazi, there's something we need to compare, the two secretaries of state that preceded her, you find they had several ben...
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economy is finally healing. and it could prove to be an important issue, of course for democrats next year despite the rocky rollout of healthcare.gov. our first read team puts it this way, six months from now vulnerable democratic senators and gop governors could have a positive message to tell next year to constituents that backed up by the facts the economy is getting better and better each month. joining me live now, nbc news senior political editor mark murray and clair voiant because we're looking how this is playing out. it is intriguing to see what will help those who are perhaps in a lot of trouble. >> it is pretty clear when you're looking ahead to the 2014 midterm, so much analysis and thought has been talked about the president's health care law or republicans shut down back in october. not a lot of attention has been paid to the economy. when you look at the story of the economy over the past year, even over the past 24 months, things are getting much better. it isn't out of the realm of possibility
economy is finally healing. and it could prove to be an important issue, of course for democrats next year despite the rocky rollout of healthcare.gov. our first read team puts it this way, six months from now vulnerable democratic senators and gop governors could have a positive message to tell next year to constituents that backed up by the facts the economy is getting better and better each month. joining me live now, nbc news senior political editor mark murray and clair voiant because...
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what matters to this company is the economy has to do well. the economy xwigz is going to d little better in 2014 and 2015. 2.7 then 3% growth. it's still going to be fairly anemic growth when compared to other post-war recoveries. so still wait for good relative performance before you jump on this one. >> all right. ryder what's our last one? i think it's ibm. what do you think, ryder? yep. ibm. give that dog a bone. he's been really good. shares of the computer services company, volatile this year, down about 11%. hugh, why don't you take ibm first. >> ibm, strorts about ibm, what happened in 2013 especially the third quarter, is emerging markets business in china. china down 22% to revenues. emerging markets down 9 %. what we're going to get in 2014 is i think a turn in china and i think that's written in the cards but i don't think we're going to see it in the emerging markets. so i think it's okay. you can buy ibm here and cross your fingers, look for positive relative performance, falling knife there too. wait for positive relative perfo
what matters to this company is the economy has to do well. the economy xwigz is going to d little better in 2014 and 2015. 2.7 then 3% growth. it's still going to be fairly anemic growth when compared to other post-war recoveries. so still wait for good relative performance before you jump on this one. >> all right. ryder what's our last one? i think it's ibm. what do you think, ryder? yep. ibm. give that dog a bone. he's been really good. shares of the computer services company,...
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still any respite is welcome in an economy with 12% unemployment and 40% inflation. on sunday for the first time inspectors from the u.n.'s nuclear watchdog toured the heavy water reactor at iraq. a sign that while there's plenty of scepticism some progress was already under way. robert, the president towed a careful line here. i thought his remarks were interesting. it seems like we're in the middle of what our good friend david axelrod likes to call kabuki theater, confident but not overconfident. i wonder about the deal back and forth between president obama and members of his own congress like bob menendez pushing this renewed sanctions deal. >> i do think you've got the potential collision of a lot of different time lines. the president, i think, is realistic to say there's a possibility of a deal but the deal can long move forward long-term if iranians are willing to do things. if he understands that from colliding time lines politically you've got congressional members from both parties pursuing sanctions. you've got israelis against this deal. i think the one
still any respite is welcome in an economy with 12% unemployment and 40% inflation. on sunday for the first time inspectors from the u.n.'s nuclear watchdog toured the heavy water reactor at iraq. a sign that while there's plenty of scepticism some progress was already under way. robert, the president towed a careful line here. i thought his remarks were interesting. it seems like we're in the middle of what our good friend david axelrod likes to call kabuki theater, confident but not...
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is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the question as to whether even if the health care law seems to be working pretty well and even if the economy comes back, whether this sense of him as a weak president or somebody who was too detached has taken hold and it does divorce him from the forces that are changing the economy. >> fred, when you look at 2014, i know that it's easy to say it's going to be a bad year for the democrats because of health care and the president's job rating. you have this recovering economy. i assume that benefits all incumbent governors first. does it help democrats? >> yes, i do. i t
is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the...
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officials expect the nations economy to improve in the new year. that could put a stop to the big games on wall street over the past couple of months. the stocks were flying high friday after the announcement of a stronger than expected jobs report. the dow finished 198 points higher, the nasdac rose 29. and interesting information about the new rich in our country. a survey shows 21% of u.s. adults become rich for part of hair lives, earning a household income of a quarter million dollars or more at some point. those in the group made up of older professionals, working married couples, and educated singles usually make at least six figures a year during other periods which is in the top 20% of earners. frank and michelle? >> okay, wendy. well the world will have a new biggest airline today, right? >> it's going to be in the u.s.. american airlines will merge with u.s. airways when their deal goes through later today. the government had tried to block the merger. the deal will lift american airlines out of bankruptcy protection. >> okay, wendy, liv
officials expect the nations economy to improve in the new year. that could put a stop to the big games on wall street over the past couple of months. the stocks were flying high friday after the announcement of a stronger than expected jobs report. the dow finished 198 points higher, the nasdac rose 29. and interesting information about the new rich in our country. a survey shows 21% of u.s. adults become rich for part of hair lives, earning a household income of a quarter million dollars or...
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Dec 9, 2013
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>> the economy that has really puffed up is the government economy. >> the stock market? >> yeah. and then the stock market. given money to the rich guys which is okay, i guess, if you're one of them, but that's not the general public, right? they've gotten minimum wage jobs. >> ask no savings. >> yeah. and no savings. >> when did you start buying, first of all? >> well, once the deal looked like it wasn't going to happen because doj tried to block it, bonds were down 30 points that day. we jumped in and we've been -- >> because you thought the deal would happen or didn't matter to you? >> yeah, if you looked at the position. we were in the convert. there was a stand alone deal, american was certainly going to be worth a lot more than the valuation at 95. if they got the merger done, then they got cost savings, we thought it would go up from there. looks like the merger is done today. they're trading still at a discount to delta and united. they just get to the market multiple. we see 30% of the stock from here. >> yeah. >> mark, thank you so much for coming in today. >> great. th
>> the economy that has really puffed up is the government economy. >> the stock market? >> yeah. and then the stock market. given money to the rich guys which is okay, i guess, if you're one of them, but that's not the general public, right? they've gotten minimum wage jobs. >> ask no savings. >> yeah. and no savings. >> when did you start buying, first of all? >> well, once the deal looked like it wasn't going to happen because doj tried to block it,...
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and the economy is very fragile so the strength of the economy, let's not provide disincentives for people to go out and find work. >> reporter: how important is it that a deal gets done and given the approval rating fell after the budget shut down? >> it's important to get a deal done and republicans last fall when we had this challenge i think were hurt more than democrats by it. but i think for the most part republicans will work hard to get this done and get it done in time to avoid a government shut down or default in our debt. >> reporter: all right joe watkins former aid to president george hw bush and live from philadelphia thank you. they will end with victories and today is a two-week year-end session to tackle bills and nominees and talking about patricia millet on the d.c. circuit of appeals and the first to come up since the filibuster rule was changed and five other nominations are before the senate including janet yellen to lead the federal reserve and jay johnson to head homeland security. one senator is looking to keep police from tapping her phones, last year cell
and the economy is very fragile so the strength of the economy, let's not provide disincentives for people to go out and find work. >> reporter: how important is it that a deal gets done and given the approval rating fell after the budget shut down? >> it's important to get a deal done and republicans last fall when we had this challenge i think were hurt more than democrats by it. but i think for the most part republicans will work hard to get this done and get it done in time to...
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Dec 9, 2013
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this economy wants to grow. the private-sector wants to invest. we're still 20% of the world's gdp and almost as if the private-sector is dig a trench around washington and finding its own way forward. >> isn't that amazing? washington is the problem. we have so many things to be excited about in this country, we have an energy revolution that's going on, the i.t. revolution continues, we dominate in silicon valley and as you know manufacturing is coming back to this country, low energy costs over the next five to ten years, the fact that we're the most productive people on the planet, but for washington, d.c.'s dysfunction we would be zooming forward. this is the american century. this is the new american century if washington can just figure it out. >> what an indictment our growth has a two in front of it as opposed to a three or four which is possible. >> the american public has some hope and faith that here we are no label problem solvers, republicans, democrats, independents. they are willing to put their country before themselves or their p
this economy wants to grow. the private-sector wants to invest. we're still 20% of the world's gdp and almost as if the private-sector is dig a trench around washington and finding its own way forward. >> isn't that amazing? washington is the problem. we have so many things to be excited about in this country, we have an energy revolution that's going on, the i.t. revolution continues, we dominate in silicon valley and as you know manufacturing is coming back to this country, low energy...
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it helps our whole economy grow. we certainly want people who work to be able to afford their family budget. so i would hope this would be noncontroversial. n we've done it in the past. i hope we do it again. >> in fact, you've been quite vociferous about it. in your home stand of maryland, two county there is have raised their minimum wages to $11.50 an hour. we've seen this in other local governments across the country. do you think it's the only way this initiative is going to succeed, keep it local, give up on congress, and the federal increase? >> every time we've increased the minimum wage, it's helped our economy. every time. we've heard predictions it would cost jobs. it increases jobs. it increases livability, the standard of living for americans. so it's something that we should embrace. what we're trying to do is not really increase it. we're trying to adjust it so it makings up for the loss over the last many years. it really just brings it -- tries to bring it back to what it used to be. that should be s
it helps our whole economy grow. we certainly want people who work to be able to afford their family budget. so i would hope this would be noncontroversial. n we've done it in the past. i hope we do it again. >> in fact, you've been quite vociferous about it. in your home stand of maryland, two county there is have raised their minimum wages to $11.50 an hour. we've seen this in other local governments across the country. do you think it's the only way this initiative is going to succeed,...
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that money goes right back into the economy. so is it -- who has the upper hand here when they look at it? do people look and go well, the stimulus, you know, may have worked. it plays out in arguments? >> part of what you're seeing with the politics is you have this dlcliff. a lot of people would be getting extended unemployment benefits and then right after christmas they wouldn't. that is the not the best way to do it. most states reduced the weeks of unemployment benefits already. that is not the way to go about it. it's to suddenly yafrpg the rug out from a lot of families that are feeling a lot of pain already. i think say little bit of -- the democrats are really going to push for this. think think there is a little queez jiness among republicans that just letting two million families all of a sudden see the end of this. >> it needs to be extended. 7% unemployment rate is where the employment rate is the typical recession is. you consider people who are underemployed and given the low wage growth, i think the economy is t
that money goes right back into the economy. so is it -- who has the upper hand here when they look at it? do people look and go well, the stimulus, you know, may have worked. it plays out in arguments? >> part of what you're seeing with the politics is you have this dlcliff. a lot of people would be getting extended unemployment benefits and then right after christmas they wouldn't. that is the not the best way to do it. most states reduced the weeks of unemployment benefits already....
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Dec 8, 2013
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. when you see disney's rapunzel at walmart, you snag it. mom, you own this season. get the hottest gifts, all backed by our christmas ad match guarantee. rated e10+. walmart. they're made of 88% active ingredients. and the competition clocks in at 13%. so with tide pods, you know what you get, and what you get is an amazing clean. so try tide pods. why? the proof is in the pop. in her favorite color? diamonds that capture her look, her style perfectly. kay jewelers presents the artistry diamonds collection. genuine diamonds, in vivid blues, greens, blacks, yellows and purples. the beauty of genuine diamonds in a palette of colors that express "her" perfectly. at kay, the number one jewelry store in america. artistry diamonds. they're diamonds of a different color. ♪ every kiss begins with kay >>> if you think the weather is bad here across much of the country this morning, be thankful you're not in art art ka where pr
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. when you see disney's rapunzel at walmart, you snag it. mom, you own this season. get the hottest gifts, all backed by our christmas ad match guarantee. rated e10+. walmart. they're made of 88% active ingredients. and the competition clocks in at 13%. so with tide pods, you know what you get, and what you get is an amazing clean. so try...
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Dec 8, 2013
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got a lot of help from the lousy economy, his opponent's blunders and he seemed to connect with the swing voter in massachusetts that was not strong enough to hold on to the seat two years later when he ran for a full term and faced a charismatic populist who did know how to run a campaign and beat him by eight points. even in his concession speech, brown made it clear he had not run his last campaign. there was speculation he would run for governor of massachusetts, or for the state's other u.s. senate seat. what no one would have predicted a year ago is that brown had given up altogether on the idea of running in massachusetts. and is now focusing on the state's neighbor to the north, the less blue, more republican friendly state of new hampshire. so he's been taking that pickup truck of his into the granite state, where democratic senator jeanne shaheen will run for re-election next year. the polling shows he might actually have a shot in september. shaheen was edging brown by only four points. in order to face shaheen, if he gets that far, brown has to get past some interesting primar
got a lot of help from the lousy economy, his opponent's blunders and he seemed to connect with the swing voter in massachusetts that was not strong enough to hold on to the seat two years later when he ran for a full term and faced a charismatic populist who did know how to run a campaign and beat him by eight points. even in his concession speech, brown made it clear he had not run his last campaign. there was speculation he would run for governor of massachusetts, or for the state's other...
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no more stops and starts, the president always gets credit and always gets blame for the economy regardless of how much he's able to turn it one way or the other. >> all right. candy crowley, thank you very much. >> thanks. >> keep it here, everybody, for "state of the union" with candy crowley. starts at the top of the hour right here on cnn. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. with 7 antioxidants to support cell health. one a day men's 50+. it's time... for aveeno® positively radiant face moisturizer. [ female announcer ] only aveeno® has an active naturals total soy formula that instantly brightens skin. and helps reduce the look of brown spots in just 4 weeks. for healthy radiant skin. try it for a month. then go ahead and try to spot a s
no more stops and starts, the president always gets credit and always gets blame for the economy regardless of how much he's able to turn it one way or the other. >> all right. candy crowley, thank you very much. >> thanks. >> keep it here, everybody, for "state of the union" with candy crowley. starts at the top of the hour right here on cnn. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's...
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Dec 8, 2013
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i know that you're upset with what's happening with the healthcare.gov and the economy and a whole lot of other things. i know that you see that i can't get anything done because of republicans on capitol hill. i know all these things. i'm not running away from it. i'm not trying to pretend that it's not there. i know and it has an impact on how i am as president. on how i am able to govern as president. so i get that. but the other thing i took away from that part of the interview, chris, is that it took me back to that guy who spoke to the democratic convention in boston in 2004. a very reflective person at the time. someone who had a vision of where he wanted to take the country. and that person is still there. that person, if you go back and read his 2004 keynote speech at the democratic convention, a shiver will go down your spine because you will realize barack obama then the candidate for senate was basically laying out the road map for what he would do as president. >> well, let's take a look. the personal and professional assault this president has faced cannot be understated.
i know that you're upset with what's happening with the healthcare.gov and the economy and a whole lot of other things. i know that you see that i can't get anything done because of republicans on capitol hill. i know all these things. i'm not running away from it. i'm not trying to pretend that it's not there. i know and it has an impact on how i am as president. on how i am able to govern as president. so i get that. but the other thing i took away from that part of the interview, chris, is...
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many of them would help our economy. they are still sitting in the united states senate. 150 bills sitting in the senate. senate democrats and president continue to stand in the way of america's priorities. >> democrats in congress and president obama point fingers right back at the gop. >> instead of rooting for failure or refighting old battles, republicans in congress need to work with us. >> most of you don't think things will improve next year. six in ten in a recent national journal connection survey said cooperation between the white house and republicans in congress will be just as bad next year as it is now with nearly a quarter saying there will be less agreements between the two parties. not a lot to look forward to. christi, victor. >> paul steinhouse. >> it's sunday, that means you've got to get ready for the week ahead. we'll help you do that. lets talk about what's going on. tuesday, nelson mandela's memorial service, president obama, former presidents george w. bush, bill clinton, all going to attend. mov
many of them would help our economy. they are still sitting in the united states senate. 150 bills sitting in the senate. senate democrats and president continue to stand in the way of america's priorities. >> democrats in congress and president obama point fingers right back at the gop. >> instead of rooting for failure or refighting old battles, republicans in congress need to work with us. >> most of you don't think things will improve next year. six in ten in a recent...
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Dec 8, 2013
12/13
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but also i think we have to look at the economy and considering that the economy has not been favorable to hispanics. i thought ted cruz had it right if you were in a private plane a few years ago still probably flying a private plane. but if you're in the bottom running of the economic lad dtt you're struggling. this is why approval ratings for hispanics is dropping. they are running out of patience with the president. >> the economy was as bad during the last presidential election. >> you're right. look just this weekend, evidently now the white house is talking hispanic groups and saying spanish language website is up and running and so this s-you know, six, seven weeks out after the deadline they had set for themselves. absolutely. obama care has not been good for hispanics and think about states like california, tucker. states like florida which are dropping millions of people, a lot of americans are losing their health care insurance. those two states have a big hispanic population. >> my impression of the white house strategy on winning back hispanics support has been always to s
but also i think we have to look at the economy and considering that the economy has not been favorable to hispanics. i thought ted cruz had it right if you were in a private plane a few years ago still probably flying a private plane. but if you're in the bottom running of the economic lad dtt you're struggling. this is why approval ratings for hispanics is dropping. they are running out of patience with the president. >> the economy was as bad during the last presidential election....
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Dec 8, 2013
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health care is about 7% of the economy. when you include health care insurance and all the other aspects, it increases by a large portion. this is about gvernment control. this, again, gets back to the same issue of the federal government knowing better for you and your family an you know for yourself. >> okay. i get that. but not only are they knowing what's good for us, but now they know everything -- the nsa, you know. and now you've got the health care. they know who has this infection and that -- what's happening? >> far too much information. we need the federal government out of the way. we need the federal government -- >> are we too far gone? >> no, we are not. that's what you're seeing. you're seeing the american people stand up. 52% now say obama care should be repealed or replaced. i'm all for that. let's move forward with a real plan of action for health care reform. let's delay this whole thing. big business has a delay now. you know that small business has a delay. individuals -- >> we're not going to start on
health care is about 7% of the economy. when you include health care insurance and all the other aspects, it increases by a large portion. this is about gvernment control. this, again, gets back to the same issue of the federal government knowing better for you and your family an you know for yourself. >> okay. i get that. but not only are they knowing what's good for us, but now they know everything -- the nsa, you know. and now you've got the health care. they know who has this...
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. >> public perception of the economy may not have quite caught up. only a quarter of people polled said they believe the economy is getting better. deb? >> alexandra, thanks so much. >> in south africa, ten days of mourning under way for the man many called madiba. also, the nsa, what might they have been peeking into any time? here's a hint it, could have just been in your pocket. that's coming up. we're aig. and we're here. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 bil
. >> public perception of the economy may not have quite caught up. only a quarter of people polled said they believe the economy is getting better. deb? >> alexandra, thanks so much. >> in south africa, ten days of mourning under way for the man many called madiba. also, the nsa, what might they have been peeking into any time? here's a hint it, could have just been in your pocket. that's coming up. we're aig. and we're here. to help secure retirements and protect financial...
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward thinking of conciliation, of forgiveness and of love for all is something that has touched so many people and it has been something that has brought people towards him and brought people together. on the morning of february 11th, 1990 i was with a group of photographers. we had gotten to the prison very early that morning. at one point in the early afternoon, i will never forget suddenly about five helicopters began to descend right over the back of this prison and suddenly there were screams that came in all directions of excitement. and i knew that something very important was about to happen. i
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward...
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harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver. what is tech's next big thing? that is just ahead. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. with 10 standard airbags and an epa-estimated 38 mpg highway, you guys a
harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver....
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has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. >>> the nominations for the 56th annual grammy awards are in and the hottest song of the summer is up for record of the year. ♪ blurred lines ♪ i know you want it baby >> robin thicke and t.i. performing their grammy-nominated song "blurred lines" last night during a nomination special on cbs, joining them in the category for record of the year "get lucky" by daf punk, "radioactive" my imagine dragons and "royals" by lordes. and jay-z led all nominations with nine and trailing right behind him hip-hop duo mclemore with seven. >>> big name artists stop going on the road and let the road come to them. >> reporter: bette midler, celine dion, elton, and cher. once they happened in vegas, they often stay in vegas. it's called a residency. casinos pay big bucks to secure exclusive rights to a performer for weeks even years. in turn the headliners get to build the show of their dreams, complete with all the v
has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. >>> the nominations for the 56th annual grammy awards are in and the hottest song of the summer is up for record of the year. ♪ blurred lines ♪ i know you want it baby >> robin thicke and t.i. performing their grammy-nominated song "blurred lines" last night during a nomination special on cbs, joining...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. the attack on pearl harbor. it was 72 years ago today. the japanese surprise attack killed more than 2,000 american service members. the attack brought the u.s. into world war two. >>> president obama is having a hard time explaining a meeting with controversial relative. for some time the white house has said the president never met with a kenyan uncle who was in the united states illegally. but now it has a new version of what happened. here's cnn's brian todd. >> reporter: fredericka, which is at an uncle of the president who has gone through some legal problems with immigration and other things. and it's about an impression the white house has given that it's keeping this uncle at
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. the attack on pearl harbor. it was 72 years ago today. the japanese surprise attack killed more than...
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how accurate is it now in this new economy? how accurate of a gauge is it as to how well this economy's doing? >> john is a real expert here. the reality is these numbers constantly get revised and sometimes very dramatically. if it's 100,000 jobs created, it could be six months later, oh, it was 200,000 or it could be zero. the economy is not going to lose jobs when the jobs reports are showing we're creating them. they're not good at things like self-employment, entrepreneurs. >> john, for those people looking for jobs that are not low wage, who's hiring? where are the jobs? >> unemployment for college-educated workers is below 4%. so when you look at that 7% number, it represents a lot of people who have not gotten their high school education or maybe just have a high school education. if you have a college degree, we're seeing job growth in professional and business services, certainly in engineering which continues to be kind of a real driver of jobs, health care is net hire job creator over the last several years and hire
how accurate is it now in this new economy? how accurate of a gauge is it as to how well this economy's doing? >> john is a real expert here. the reality is these numbers constantly get revised and sometimes very dramatically. if it's 100,000 jobs created, it could be six months later, oh, it was 200,000 or it could be zero. the economy is not going to lose jobs when the jobs reports are showing we're creating them. they're not good at things like self-employment, entrepreneurs. >>...
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economy. and visit booktv.org for this weekend's television schedule. >> while visiting idaho, booktv took a trip over to kellogg located about 36 miles away. the town was founded in the late 19th century by prospector noah kellogg. we sat down with julie whitesel weston who recalls the history of the town. >> kellogg, i remember playing in the park. i remember skiing in the mountains. i remember going to school, which i loved. and i remember all the people who were around, the miners went by our house in the morning. they came by our house in the amp. we could hear the -- in the afternoon. we could hear the mine whistles blow, we could see the lights of the rock house where the ore came in. but we weren't very much involved with the mine. we saw all these people, but we didn't -- i don't think any of us realized what was going on underneath us. so it was just kind of like a normal childhood. be the history of kellogg began with the jackass. noah kellogg was a miner, a prospector who came here
economy. and visit booktv.org for this weekend's television schedule. >> while visiting idaho, booktv took a trip over to kellogg located about 36 miles away. the town was founded in the late 19th century by prospector noah kellogg. we sat down with julie whitesel weston who recalls the history of the town. >> kellogg, i remember playing in the park. i remember skiing in the mountains. i remember going to school, which i loved. and i remember all the people who were around, the...
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economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up looking for work and weren't counted, but the opposite seems to be happening. it's added more jobs since 2005 and the gains are not in low-wage sectors. a lot of hiring in health care, transportation, professional services like accountants and travel agents. wages are also up and americans are working more hours. the list goes on. the report pushed the dow up nearly 200 points friday. wall street is thinking the federal reserve will reduce the stimulus program soon. certainly a sign the economy is ready to stand on its own two feet. but remember, we still haven't gained back all of the jobs we l
economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up...
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Dec 7, 2013
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the republicans have made it clear on any issue from the bucket, economy, jobs, health care, immigration you name it they will stand in the way of quote giving him a win. they don't want him to succeed. as we know, there have been two books wren that republicans collude before he was inaugurated to insure he would not be successful. so a president's job is to be hopeful and optimistic. that's what the president is being here, but that's not to say that he shouldn't try. because the president, while hopeful and optimistic. he's dealing with all these obstruction and impediments, he has to try, otherwise why be in the job? >> what's the point of the job. isaac, when you watched the interview, it was sort of interesting to watch a president expound at length about what it's like to be president while he's president. it is sort of an interesting experience we don't get to see. what were you seeing? what were you taking away from what you heard the president talking about this week? >> this was the first interview obama has done in a few weeks where he seemed back on hills game, he seemed con
the republicans have made it clear on any issue from the bucket, economy, jobs, health care, immigration you name it they will stand in the way of quote giving him a win. they don't want him to succeed. as we know, there have been two books wren that republicans collude before he was inaugurated to insure he would not be successful. so a president's job is to be hopeful and optimistic. that's what the president is being here, but that's not to say that he shouldn't try. because the president,...
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Dec 7, 2013
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. >>> we want to turn to encour e encouraging news when it comes to the economy. the unemployment rate has turned to its lowest rate in five years. kristen welker has more. >> reporter: the economy added 203,000 jobs in november. surprising some economists say, especially in the wake of the government shutdown and they say it could be an indication the recovery is about to take off, despite the political gridlock here in the nation's capital. neil bloomen that is all launched up this eye store three years ago in new york. these days he sees signs the economy is recovering. >> we have more than doubled in sales and next year, we are planning to high about 150 people. >> reporter: that hiring trend reflects what is happening throughout the country with news friday that employers added more than 200,000 jobs for each of the last four months. in november, many were good paying jobs. 40,000 in education and health care. 27,000 manufacturing jobs added. 17,000 construction jobs. >> now we are getting consistent job reports plus 200 and that is positive and positive not
. >>> we want to turn to encour e encouraging news when it comes to the economy. the unemployment rate has turned to its lowest rate in five years. kristen welker has more. >> reporter: the economy added 203,000 jobs in november. surprising some economists say, especially in the wake of the government shutdown and they say it could be an indication the recovery is about to take off, despite the political gridlock here in the nation's capital. neil bloomen that is all launched up...
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. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for the economy. car sales rose, new home sales soared and friday, unemployment rate druopped to 7%. that's the lowest since 2008. earlier this year, unemployment declined a lot of people got discouraged and weren't counted. the economy has added more than 2 million jobs this year, the best since 2005 and the gains not just in low-rate sectors. a lot in education and health care, professional services like accountants and travel agents. and hiring in manufacturing is strongest since last year. wages are up and americans are working less hours. the list goes on. the report pushed the dow up 200 points
. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for...
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how do we grow this economy in a very competitive world? and in particular, how do we empower, not just give but empower sit citizens through hard work and thrift to enjoy. so fruits of that growth. particularly the third that aren't getting the educations. the kids that aren't getting the quality quality of education they need to be economically relevant in an innovative competitive global economy. i also suspect you are probably a little more concerned about rising oceans than we are in indiana. kind of put that on the list. but that would be my take on it. >> good afternoon. i'm senator terry bonner from minnesota. i joined new labels i think it was about two years ago. i'm a paying member of no labels. i'm a democrat representing a republican area. it has always been like that. with redistricting it got worse it is now about 60% republican. my first election was in 2005 and my slogan was uniting the middle and that is still my slogan. my margins just keep getting better. i think i hit on something that really appeals to the people in my
how do we grow this economy in a very competitive world? and in particular, how do we empower, not just give but empower sit citizens through hard work and thrift to enjoy. so fruits of that growth. particularly the third that aren't getting the educations. the kids that aren't getting the quality quality of education they need to be economically relevant in an innovative competitive global economy. i also suspect you are probably a little more concerned about rising oceans than we are in...